WorksheetsENT300 CHAPTER 3 & 4
Total questions: 30
Worksheet time: 10mins
Which of these are external factors that influence financial decisions?
Price
Personal
Cultural
Marketing
Finance
Which best identify Internal factors influencing financial decisions?
Age
Gender
Occupation
Social Influences
Marketing
What is a cost-benefit analysis?
The taxes that people pay when they buy something.
A process that allows businesses and individuals to analyze where to spend money.
The amount of money required to have or do something
Which of the following statement is TRUE?
Creativity is a genetic condition
Creativity is a set of skills that can be learned
Creativity is a biological phenomenon unique to certain individuals
Creativity is determined by blood line
Which of the following statements is TRUE?
Creativity is only for artists
Creativity is a fixed trait that only certain people possess
Creativity is measurable
Creativity is the same with IQ
The following statements describe how children can be creative, EXCEPT _____.
All children are naturally creative
Younger children possess inherent curiosity
Children do not adjust their creativity to conform with social expectation
Children learn to compare their product to other children’s
Why do parents and teachers need to provide children with a healthy and creative environment?
Because children tend to not be creative
Because children need detailed instructions
Because children have to learn in a strict manner
Because children adjust their creative efforts to their environment’s expectations
What are factors influencing creativity?
Individual factors, Organisational Factors, Leadership Style
Individual Factors, Organisational Factors, Organisational Climate, Culture and Structure
Individual Factors, Organisational Factors, Resource and Skills
Nature of Work, Organisational Factors, Organisational Climate, Culture and Structure
What are 3 components which formed creativity?
expertise, passion and motivation
curiosity, creative-thinking skills and motivation
expertise, creative-thinking skills and motivation
expertise, determination and motivation
What is 5 major organisation factors that enhance creativity?
Organisational Climate, Organisational Culture, Leadership Style, Resource & Skills and Structure & System
Organisational Climate, Organisational Creativity, Leadership Style, Resource & Skills and Structure & System
Organisational Climate, Organisational Culture, Leadership Style, Resource & Skills and Business Plan
Organisational Climate, Organisational Culture, Leadership Style, Knowledge and Structure & System
What is 4 rules to facilitate creativity?
Withholding Judgement, Freewheeling, Generating Quantity of Ideas and Hitchhiking on the ideas of others
Withholding Judgement, Criticized, Generating Quantity of Ideas and Combining the ideas of others
Turn Off The Group Process, Freewheeling, Generating Quantity of Ideas and Hitchhiking on the ideas of others
Withholding Judgement, Freewheeling, Experiment and Hitchhiking on the ideas of others
Which part of brain that can enable creativity?
cerebellum
brainstem
cerebrovit
cerebrum
Which one is not creativity definition?
how the human solve the problem by using the power of their thinking creating a new appropriate high value of design depend on his fruitful, dynamic and effective mind.
The ability to produce something novel, something with the stamp of uniqueness upon it
the act of turning new and imaginative ideas into reality.
unpredictability in the behavior of a complex natural system
According to the Reading text: We innovate because we want to increase the amount of money our businesses make.
True
False
According to the Reading Text: Being innovative is all about using the newest technologies in your business.
True
False
According to the Reading Text: Customers often don’t know what they want.
True
False
According to the Reading Text: McDonald’s have not changed their menu since they started.
True
False
What is Innovation?
Short term goals in the business
How many times a business has changed their product.
A "new idea, creative thoughts, new imaginations in form of device or method".
the exclusive and assignable legal right, given to the originator for a fixed number of years, to print, publish, perform, film, or record literary, artistic, or musical material.
What is the importance of Innovation?
Management research confirms that organisations that
meet the innovation challenge out perform their
competitors in terms of market share, profitability, growth
and market capitalisation (Tidd, Bessant, & Pavitt, 2005).
innovative organisations are better able to mobilize the knowledge, skills and experiences of people and successfully create new products, services and ways of getting things done faster, better and cheaper.
Although creativity is innovations's precursor, both are key issues for organisational survival growth.
All of the Above
What are examples of strategies for sustained innovation?
Reduce Bureaucracy
Closed Communcation
Instill a Sense of Ownership
People Processes
Innovative companies require their employees to:
Be selfish
Seek new opportunities
Reluctant to take risks
Isolated work environment
How does establishing a clear sense of direction encourage innovation?
A clear sense of direction helps to organise and direct people's creativity.
A well-defined mission encourages everyone to focus on innovations that deliver the greatest value.
As ideas surface, employees can immediately act on the ones that further a business's objectives.
All of the above
What is business innovation?
Is when an organzation introduce old processes, services or products to affect negative changee in their business.
Is when an organization introduces new processes, services or products to affect negative change in their business.
Is when an organization introduces new processes, services or products to affect positive change in their business.
Is when an organization introduces old processes, services or products to affect positive change in their business.
What are the types of innovation?
Revenue, business, industry
Organizational, process, product, marketing, Eco
Households,NGOs, packing
Innovation it is also a destrcutive process
True
Falsa
Select the famous innovators
Nikola Tesla
Dwayne Douglas
Marie Curie
Steve Jobs
Mark Sinclair
